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513 2nd St

Colona, IL 61241

3 bd 1 ba 835 sqft Built 1943 Lot 13,939 sqft single_family
Most recent sale
$52,500
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 23, 2022 Sold $80,700 MRED
Oct 13, 2022 Price changed $84,000 MLS #QC4237433
Sep 29, 2022 Listed $89,000 MLS #QC4237433
Sep 27, 2022 Listed for rent $895 AppfolioUnits
Aug 24, 2022 Sold $52,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $24,832 $4,680 $29,512 $2,112
2024 $23,493 $4,428 $27,921 $1,985
2023 $21,773 $4,104 $25,877 $1,899
2022 $19,794 $3,731 $23,525 $2,293
2021 $19,406 $4,021 $23,427 $2,313
2020 $18,426 $3,818 $22,244 $157
2019 $18,563 $3,846 $22,409 $156
2018 $18,452 $3,823 $22,275 $154
2017 $16,225 $3,862 $20,087 $151
2016 $16,017 $3,812 $19,829 $151
2015 $15,672 $3,730 $19,402 $151
2014 $15,335 $3,650 $18,985 $148
2013 $15,335 $3,650 $18,985 $131
2012 $15,335 $3,650 $18,985 $213
2011 $15,648 $3,724 $19,372 $207
2010 $15,648 $3,724 $19,372 $204
2009 $15,806 $3,762 $19,568 $201
2006 $15,140 $3,603 $18,743 $187

Property facts

Year built
1943
Property type
single_family
Stories
Beds
3
Baths
1
Living area
835 sqft
Lot size
13,939 sqft
ZIP code
61241
City
Colona
Street
2nd St
Coordinates
41.48152, -90.35568

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$315
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 513 2nd St last sell?
513 2nd St most recently sold on Aug 24, 2022 for $52,500.
What is the current tax assessment for 513 2nd St?
The most recent total assessment for 513 2nd St (year 2025) is $29,512 with $2,112 in property tax.
How does 513 2nd St's assessment compare to its last sale price?
The current assessment is 43.8% below the last sale price of $52,500.
When was 513 2nd St built?
513 2nd St was built in 1943.
How does 513 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 513 2nd St?
513 2nd St is a 3 bed, 1 bath, 835 sqft, 13,939 sqft lot single_family.
Is 513 2nd St a flip candidate?
Yes — 513 2nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 513 2nd St a tax-appeal candidate?
No — 513 2nd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$237.2K
2026 Q4
$242.3K
ZIP 61241 — Median Price History + Forecast

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